How LinkedIn Has Turned Your Resume Into A Cash Machine: Apparently LinkedIn is making a killing off corporate recruiters, over any other revenue stream.
[CEO Weiner] refocused the company on selling a vastly more powerful service to corporate talent scouts, priced per user at as much as $8,200 a year. Today thousands of companies use LinkedIn’s flagship Recruiter product to hunt for skilled achievers. In human resources departments, having your own Recruiter account is like being a bond trader with a Bloomberg terminal—it’s the expensive, must-have tool that denotes you’re a player.
Think about it — 161 million people have essentially post their resumes on LinkedIn. It’s the largest resume database in the world.